DUBLIN – ()–That “Leisure, Outdoor, and Fitness GPS Devices – Global Market Development and Analysis” Report was added to ResearchAndMarkets.com offer.

Amid the COVID-19 crisis, the global recreational, outdoor, and fitness GPS device market, valued at $ 1.2 billion in 2020, will be a revised size of $ 2.6 billion by 2027 -Dollars and grow at a CAGR of 11.4%. in the period 2020-2027.

The US market is valued at $ 364.3 million, while China is forecast to grow by 11% CAGR

The U.S. recreational, outdoor, and fitness GPS device market is estimated at $ 364.3 million in 2020. China, the second largest economy in the world, is expected to reach a market size of 461.9 million US dollars by 2027 with a CAGR of 11% in the analysis period 2020 to 2027.

Other notable geographic markets include Japan and Canada, which will grow 10% and 9.7% respectively over the 2020-2027 period. A growth of approx. 8.3% CAGR is forecast for Germany within Europe.

Selected competitors (59 recommended in total):

  • Apple Inc.

  • Bryton Inc.

  • Garmin International Inc.

  • HOLUX Technology Inc.

  • Lowrance electronics

  • Magellan Navigation Inc.

  • Mio Technology Corporation

  • MiTAC International Corporation

  • Navman Technology NZ Ltd.

  • Samsung Electronics Co., Ltd.

  • Satmap Systems Ltd.

  • TomTom NV

Key topics covered:

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

  • Insights into the influencer market

  • World market trajectories

  • Global Positioning System (GPS): An Introductory Prelude

  • Current market activity

  • GPS technology – expanding the possibilities in the areas of leisure, outdoor and fitness

  • Spectacular growth in maps for recreational, outdoor and fitness GPS devices

  • Upward trend in the CE sector creates fertile environment

  • Growing interest in sophisticated lifestyle gadgets keeps the growth dynamic going

  • Developed regions are fast becoming major consumers of GPS devices

  • Potential opportunities predominate in developing regions

  • Effects of COVID-19 and an impending global recession

2. FOCUS ON SELECTED PLAYERS

  • Apple, Inc. (USA)

  • Bryton, Inc. (Taiwan)

  • Bushnell Corporation (USA)

  • Garmin International, Inc. (USA)

  • HOLUX Technology, Inc. (Taiwan)

  • Lowrance Electronics (USA)

  • MiTAC International Corporation (Taiwan)

  • Magellan Navigation, Inc. (USA)

  • Mio Technology Corporation (Taiwan)

  • Navman (New Zealand)

  • Samsung Electronics Co., Ltd. (South Korea)

  • Satmap Systems Ltd. (Great Britain)

  • TomTom NV (Netherlands)

3. MARKET TRENDS & DRIVERS

  • Leisure and fitness products spearheaded market growth

  • GPS wristwatches: mainstay for fitness GPS companies

  • Product innovations add dynamism to vertical GPS watches

  • Outdoor sports GPS devices are becoming increasingly popular

  • Growing interest in golf offers lucrative prospects

  • GPS-integrated bike computers – a growing market

  • GPS devices to draw future growth from the non-professional segment

  • The demand for portable GPS devices continues to grow

  • GPS-based analytics – an emerging potential market

  • HUDs are arousing growing interest

  • Augmented Reality can be found in GPS devices

  • GPS is becoming the USP for digital cameras and cell phones

  • Smartphone apps – a threat and a blessing for manufacturers of GPS devices

  • GPS executives jump on smartphone GPS train

  • Navigation software-enabled smartphones and tablets Upstage PND Market

  • Favorable demographic and socio-economic trends bode well

  • Rapid growth in urban households

  • Burgeoning middle class population

  • Rising standard of living

  • Stable economic scenario

  • Privacy concerns – a key challenge for growth

4. PERSPECTIVE OF THE GLOBAL MARKET

III. MARKET ANALYSIS

NS. CONTEST

For more information on this report, see https://www.researchandmarkets.com/r/n5ov25